49296 results returned for search: "" category ("Other" AND "Business")
KeyTech Ltd. fell 8.5 percent on light volume yesterday, sending local stocks lower yesterday.
The telecommunications firm, owner of the Bermuda Telephone Company and M3 Wireless, fell 65 cents to $7 in Bermuda Stock Exchange trading, as 800 shares c...
DATE: Aug 07, 2010
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NEW YORK (AP) — Safety first. That appears to be the new motto for investors trying to figure out how bad the emerging slowdown in US economic growth is going to be.
A disappointing jobs report sent investors out of stocks and the dollar yesterday an...
DATE: Aug 07, 2010
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Validus Holdings Ltd. boosted its profits by more than 30 percent during the second quarter of 2010 on investment gains and foreign exchange losses, despite taking a $70.5 million hit from the Deepwater Horizon and Aban Pearl oil rigs, the Perth hail...
DATE: Aug 06, 2010
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Net income: $179.8 million compared to $137.6 million in 2009
Combined ratio: 74.9 percent compared to 71.9 percent in 2009
Gross premiums written: $516.9 million compared to $425 million in 2009
DATE: Aug 06, 2010
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CHICAGO (AP) — President Barack Obama declared yesterday that the US auto industry is not just rebounding from its problems but on its way to being No. 1 in the world again.
His rousing pep talk to Ford factory workers came before he headed into a ni...
DATE: Aug 06, 2010
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The Ascendant Group continued a topsy-turvy week, climbing 1.4 percent (20 cents) to $14 on The Bermuda Stock Exchange (BSX) yesterday.
The utilities company saw 300 shares change hands during the day.
As a whole, the Index climbed 1.76 points (0.14 ...
DATE: Aug 06, 2010
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NEW YORK (Bloomberg) — Bermuda-based bond insurer Assured Guaranty Ltd., which is backed by billionaire Wilbur Ross, reported net income for the second quarter of $203.5 million, reversing a year-earlier loss.
Net income climbed to $1.08 cents a shar...
DATE: Aug 06, 2010
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Allied World Assurance Company Holdings Ltd.'s profits rose by more than $70 million over the second quarter 2010 driven by a strong investment portfolio and solid underwriting results.
The Bermuda-based insurer reported a net income of $184 million,...
DATE: Aug 06, 2010
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Net income: $200,000 compared to $10.3 million in the same period of 2009.
Net interest income: $42.7 million compared to $46 million in 2009.
Non-interest net income: $37.7 million compared to $40.2 million in 2009.
DATE: Aug 06, 2010
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Bermuda Commercial Bank Ltd. has announced a strategic investment in Westhouse Holdings plc. which it hopes will open up the London investment market to its customers in Bermuda.
BCB's chairman and managing director Michael Collier said the deal will...
DATE: Aug 06, 2010
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